9 Best Small Business Ideas to Make Money from Home
Black lollipop / Getty Images/iStockphoto
People’s preference for earning money from the comfort of their homes has exploded over the past couple of years for obvious reasons, and even with the labor market trending back to normal amid the COVID pandemic, this preference has remained stable – and is expected to continue.
Tips: 27 Best Small Business Ideas to Make Money in 2022
Read: Small business owners say working remotely has made them better team leaders
You too might be wondering how you can make a living from home. If you don’t have a job that allows remote work, consider the following small business ideas that can make you a home-based entrepreneur.
If you have great organizational, communication and detail skills, the virtual assistant could be a great company for you, according to Flex Jobs. Although duties vary, virtual assistants often assist an employer or client through a variety of simple tasks, such as handling communications (emails, phone calls, even text messages), planning events and travel , and other types of administrative details.
You will probably only need a computer and a phone.
There has been a huge proliferation in the need for content writers in recent years, says the lawyer Stewart J. Guss, since content is key to search engine rankings. “This is an area where you can progress with smaller, less demanding content for modest profits. However, over time, as you find your specialties, you may be able to get rates per word or per piece. hour higher.
While you can use existing content writing platforms, from Fiverr to Upwork, these will take a cut of your income, he warns. Perhaps the best idea is to build your portfolio and pitch your pitch to find your own clients. “As a business owner myself, I know the value of having a great writer on the team to produce everything from blogs, video scripts, and long-form content like e-books for our prospects and clients. “
See: 4 small businesses that are making a difference in their communities
Marketing and Branding
If you have a penchant for branded packaging and products or people, consider starting your own home-based digital marketing and branding business. Paige Arnof-Fenn, Founder and CEO of Mavens and Moguls suggests overhead is also simple. “Starting any type of consulting or coaching business is possible because all you need is a website, logo, name, email, business cards, an online stationery for proposals and invoices, a cell phone and a great idea to get started.”
You can raise your profile by speaking in public, writing articles, growing your following on social media, or contributing to existing blogs and newsletters, she said.
Online teaching or tutoring
If you’ve taken the time to get a certificate, diploma or deep dive into a particular educational field, consider being an online teacher or tutor, according to business expert Hanah Alexander, editor-in-chief of TodayTesting.com.
“If you have any experience in education, online education business is the perfect business to start from home. Due to the pandemic, more and more people are interested in online school and home schooling. As a result, more and more people are looking outside the traditional classroom for additional help in teaching their children,” she said.
Alexander added that all you really need is “a good webcam, a good backdrop, a microphone and lighting…and a decent computer and internet connection”, plus your own website and media accounts. active social.
With the internet at your fingertips and a good computer, many business opportunities become possible from home. Big companies are constantly looking for new ways to promote their brands because advertising is expensive. Enter affiliate marketing.
If you have a blog or website where you can promote brands through some sort of sponsored content, you can build a pretty profitable business by driving traffic to your site and earning commissions on the number of clicks or views. your links get, according to Forbes.
Explore: The 26 highest paying jobs that let you work from home
Many organizations and people – from hospitals and researchers to journalists and graduate students – have data they need to be transcribed into audio and video. A transcriptionist listens to or watches the content and types in the exact words spoken, often with timestamps, so the client can use the material in their work.
You also don’t need a lot of experience, except to be able to type fast enough to make it worthwhile. Like other forms of freelance work, you’ll earn less if you work for a service, so it’s best to pull out your own shingle and try to bring clients to you directly.
The field of customer service is vast and varied, and more companies than ever allow working from home or remotely. Depending on the companies you work with, you can help customers with orders, answer questions, guide them through billing, and a number of other abilities, according to Zip Recruiter. Although there is probably some special training required, it would most likely be something you can learn on the job.
creation of websites
In our increasingly digital world, starting a web design business from home can be a lucrative avenue, said Roy Morejon, president and co-founder of Enventys Partners.
“If you have internet access and solid hardware and software that meets your needs, you’re already well on your way to building your business. No formal education is required, although degrees and certifications can make you more marketable and influence a potential client’s decision-making,” he said.
You can also easily leverage this skill set in search engine optimization (SEO), he said, which is incredibly sought after.
As people do much of their shopping online, Scot J Chrisman, Founder and CEO of The media house, a digital marketing agency, recommends profiting from selling items online. Although the product is up to you, there are a number of platforms that can offer free or low-cost placements for online businesses, from Etsy to Amazon Marketplace.
“So think about the things you can access and believe there is profit potential. You also need to get some basic knowledge of how to navigate the platform you’ll be using to make sure things fall into place. And above all, a strategy on how you are going to market it is very necessary.
More from GOBankingRates